Kingsview Wealth Management LLC Has $8.62 Million Stock Position in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV)

Kingsview Wealth Management LLC lowered its stake in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) by 39.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 412,994 shares of the company’s stock after selling 273,771 shares during the quarter. Kingsview Wealth Management LLC owned approximately 25.81% of First Trust Intermediate Government Opportunities ETF worth $8,619,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Hilltop National Bank acquired a new stake in shares of First Trust Intermediate Government Opportunities ETF in the second quarter valued at about $74,000. Sigma Planning Corp increased its position in shares of First Trust Intermediate Government Opportunities ETF by 7.4% in the third quarter. Sigma Planning Corp now owns 61,302 shares of the company’s stock valued at $1,279,000 after acquiring an additional 4,207 shares during the last quarter. Truist Financial Corp increased its position in First Trust Intermediate Government Opportunities ETF by 8.7% during the second quarter. Truist Financial Corp now owns 144,110 shares of the company’s stock worth $2,881,000 after buying an additional 11,579 shares during the last quarter. Envestnet Asset Management Inc. increased its position in First Trust Intermediate Government Opportunities ETF by 8.7% during the second quarter. Envestnet Asset Management Inc. now owns 144,110 shares of the company’s stock worth $2,881,000 after buying an additional 11,579 shares during the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new position in First Trust Intermediate Government Opportunities ETF during the third quarter worth approximately $358,000.

First Trust Intermediate Government Opportunities ETF Price Performance

Shares of NYSEARCA MGOV opened at $19.94 on Friday. The business’s 50 day moving average price is $20.44 and its two-hundred day moving average price is $20.35. First Trust Intermediate Government Opportunities ETF has a twelve month low of $19.47 and a twelve month high of $21.13.

First Trust Intermediate Government Opportunities ETF Profile

The First Trust Intermediate Government Opportunities ETF (MGOV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that mainly invests in U.S. Treasury and mortgage-related securities MGOV was launched on Aug 2, 2023 and is issued by First Trust.